e& Joins MagicCube’s $10 Million Round for Post Quantum AI Security
e& capital has joined MagicCube’s ten million dollar funding round to advance post quantum security for AI, identity, and payments, announced in a press release. The investment marks the second closing of the round, which previously included strategic investor Verifone along with Bold Capital Partners and Mosaik Partners.
MagicCube develops software based security that protects data and workloads across devices, cloud environments, and jurisdictions. Its Software Defined Trust platform provides a hardware independent trust layer for securing payments, digital IDs, and AI services on smartphones, kiosks, vehicles, and other connected devices.
The partnership with e& aims to strengthen digital trust infrastructure and support sovereign grade protection as more sensitive AI and identity workloads operate across cloud and edge environments. MagicCube said the collaboration will help governments, banks, and enterprises maintain control over how critical data and AI models are secured while meeting evolving regulatory requirements.
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